Bli medlem
Bli medlem

Du är här

2016-05-09

Beowulf: Audited Financial Results for the Year ended 31 December 2015

Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and
development company focused on the Kallak magnetite iron ore project
in northern Sweden and its graphite projects in Finland, announces
its audited financial results for the year ended 31 December 2015.The
chairman's statement, review of operations and activities, and
financial information has been extracted from the Company's Annual
Report for the year ended 31 December 2015.

The financial information included in this announcement does not
constitute the Group's statutory financial statements as defined in
section 434 of the Companies Act 2006, but is derived from those
accounts. The financial information for the year ended 31 December
2015 has been extracted from the audited accounts of Beowulf Mining
plc which will be delivered to the Registrar of Companies in due
course. The auditors reported on those accounts and their report was
unqualified and did not contain a statement under section 498 (2) or
(3) of the Companies Act 2006. The financial information for the year
ended 31 December 2014 has been extracted from the audited accounts
of Beowulf Mining plc which have been delivered to the Registrar of
Companies. The auditors reported on those accounts and their report
was unqualified and did not contain a statement under section 498 (2)
or (3) of the Companies Act 2006.

The Annual General Meeting of the Company will be held at the offices
of One Advisory Group, 201 Temple Chambers, 3-7 Temple Avenue,
London, EC4Y 0DT, United Kingdom on 29 June 2016 at 10.30 a.m. (BST).

The 2015 Annual Report will be posted to those shareholders who have
requested a copy and will be available on the Company's website
(www.beowulfmining.com). A further news release will be made when the
Notice, Form of Proxy and Annual Report are posted to shareholders.

Enquiries:
Beowulf Mining plc
Kurt Budge, Chief Executive Officer Tel: +44 (0) 20 3771 6993
Cantor Fitzgerald Europe
(Nominated Advisor & Joint Broker)
Stewart Dickson / Phil Davies / Carrie Drummond Tel: +44 (0) 20 7894 7000
Beaufort Securities Limited
(Joint Broker)
Jon Belliss Tel: +44 (0) 20 7382 8300
Blytheweigh
Tim Blythe / Megan Ray Tel: +44 (0) 20 7138 3204
Cautionary Statement
Statements and assumptions made in this document with respect to the
Company's current plans, estimates, strategies and beliefs, and other
statements that are not historical facts, are forward-looking
statements about the future performance of Beowulf. Forward-looking
statements include, but are not limited to, those using words such as
"may", "might", "seeks", "expects", "anticipates", "estimates",
"believes", "projects", "plans", strategy", "forecast" and similar
expressions. These statements reflect management's expectations and
assumptions in light of currently available information. They are
subject to a number of risks and uncertainties, including, but not
limited to, (i) changes in the economic, regulatory and political
environments in the countries where Beowulf operates; (ii) changes
relating to the geological information available in respect of the
various projects undertaken; (iii) Beowulf's continued ability to
secure enough financing to carry on its operations as a going
concern; (iv) the success of its potential joint ventures and
alliances, if any; (v) metal prices, particularly as regards iron
ore. In the light of the many risks and uncertainties surrounding any
mineral project at an early stage of its development, the actual
results could differ materially from those presented and forecast in
this document. Beowulf assumes no unconditional obligation to
immediately update any such statements and/or forecasts.

Cautionary Statement
Statements and assumptions made in this document with respect to the
Company's current plans, estimates, strategies and beliefs, and other
statements that are not historical facts, are forward-looking
statements about the future performance of Beowulf. Forward-looking
statements include, but are not limited to, those using words such as
"may", "might", "seeks", "expects", "anticipates", "estimates",
"believes", "projects", "plans", strategy", "forecast" and similar
expressions. These statements reflect management's expectations and
assumptions in light of currently available information. They are
subject to a number of risks and uncertainties, including, but not
limited to, (i) changes in the economic, regulatory and political
environments in the countries where Beowulf operates; (ii) changes
relating to the geological information available in respect of the
various projects undertaken; (iii) Beowulf's continued ability to
secure enough financing to carry on its operations as a going
concern; (iv) the success of its potential joint ventures and
alliances, if any; (v) metal prices, particularly as regards iron
ore. In the light of the many risks and uncertainties surrounding any
mineral project at an early stage of its development, the actual
results could differ materially from those presented and forecast in
this document. Beowulf assumes no unconditional obligation to
immediately update any such statements and/or forecasts.

-----------------------------------------------------------
http://news.cision.com/se/beowulf/r/audited-financial-results-for-the-ye...
http://mb.cision.com/Main/11673/2004653/512732.pdf

Författare ATORG

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.